The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-08-27
LEGAL ADVERTISEMENTS.

LEGAL ADVERTISEMENTS
curing the payment of said bonds or notes,
to mortgage and pledge its raill Dads, its
capital stock. its corporate franchises, and
any or all of it's real or personal property,
or both.
ARTICLE
All citations shall be served upon the
President, or in his absence, upon the Sec
rotary, Treasurer or &c era Attorney of
said corporation.
AiTICLEV.
Section l. Tho amount OF capital stock
of said corporation shall be three millions
($3, DOC, O0O.O0) dollars consisting of thirty
(3o) thousand (30, ON0) shares of the par value
of one Murdered (SlO0.00l dollars each.
Sec. =. The time and manner of paying
subscriptions for stock of this corporation
shall be determined by the Board OF Direct
issued by the company, unless it be for
services rendered, or for money or property
actually received, or for labor done.
Sec. 5. In case of a failure on the part of
any subscriber to pay the whole or any
portion Of his subscription at the times or
in the manner fixed by the Directors, tho
shares of stock so subscribed for under
such subscription, and all payments there
fore made Hereunder, shall be forfeited to
tho company without any further action on
tho part of tho company but all liability
son of such unpaid subscription shall, upon
such forfeiture, cease and wholly deter
mine.
Sec. 4. Until such forfeiture, no stock
holder shall be held liable or responsible
for tho contracts and faults of the company
in any further sum than the unpaid bal
ance or balances due to the company on
shares owned by him or her.
ARTICLE vi.
Section l. The corporate powers Of the
company shall be vested in a Board OF Di-
rectors composed of seven stockholders to
be elected in accordance with tho bylaws
l., in ,n1, ~
and agents as may from time to time be
appointed by such Board. No person shall
be il Director who is not the actual owner
of at least ten shares of the capital stock of
said company. Directors shall DO elected
annually, but in case any such annual
meeting is not held at the time appointed,
the Directors in Office shall continue there
in until others are elected to fill their
places. Upon tho death, resignation, or
other disability of any officer, or director,
tho remaining directors shall have power
to fill the vacancies caused thereby. The
Directors shall elect ono of their number to
be President Of said corporation, and an
other to be Vice-President; and may cleo,
outside of the Directors, one person to DO
Secretary, and another person to be 1reas-
urer OF the company. Said Directors shall
have power to make aud prescribe such
bylaws, and rules, and regulations for the
government of tho company us they may
deem advisable; and shall have the power
to alter, amend and revoke the same from
Sec. 2. An election for Directors shall DO
by ballot and every stakeholder shall be
entitled to one vote, in person or by proxy,
for each share of stock owned by'h for
at least thirty days previous to said cleo
ton.
Sec. 5. Three Directors shall constitute a
quorum for the transaction of business.
Sec. 4. The annual meeting for the cleo
ton of Directors, and the transaction of
such business may be brought before
the meeting, shall be hold on tho first
Tuesday in the month OF December of each
year.
This corporation may be dissolved at a
general meeting of the stock holders, con-
three-fourths OF tho stock of the company,
and upon the vote of two thirds of tho stock
represented at such meeting; and in case
of such dissolution, the liuuidat ion shall be
conducted by three commissioners elected
by ballot at such meeting; at the termina-
ton of this chart or the liquidation shall be
conducted by similar board of three com
Inissioners to be i'll tho Same way elected mt
4 general meeting of the Stockholders con-
WILLIAM A. BRIGHT.
CHAS. N. l<IGHT.
A. w. FILES.
c. S. COLLINS,
H. y. II. FARR.
T.. l.. MULLIGAN,
IUG. w. MULLIGAN.
as to witness of Elliot X. Morgan.
GEO. Fl. wADDELL,
l.. A. MAY.
rs to witness of Jack w. Johnson.
JAMES COVERSE.
GARRETT IIARDCASTLE,
A. J. HENLEY,
as to witness Of James Converse.
STATE OF A ARKANSAS,
COUNTY OF PULASKI. BE it known
that on this 10th May, 1887, personally came
and appeared William A. Bright, Chas. n.
hight and A. w. Files, and who in my
presence signed tho foregoing Articles Of
Incorporation. In witness whereof l have
(@- day and year above mentioned.
| SEAL. II. G. HINTON,
t~-) Notary Public.
STATE OF PENNSYLVANIA
COUNTY OF LUIERO, SIS. Be it
known that on this Sd day of juno, 1887,
| in my presence signed tho foregoing Ar
| ticles of Incorporation. In witness where
| of 1 have hereto set my hand and notaral
| (-D-- seal on the day and year above
| SEAL. : written.
| - f. l.. MULLIGAN, Not. Pub.
| STATE OF ALABAMA,
| COUNTY OFJEFFERSON. ! Bcitknown
| that on this 2Sth day of June, 1887 person
ally came Jack w. Johnson, who in my
presence signed tho foregoing Articles OF
incorporation; In witness whereof have
| (~> hereto set my hand and seal on
| J SEAL. the day and year al ove mentioned
| ~ l.. A. MAY, Notary Public.
| STATE OF TEXAS,
| COUNTY OF HARRIS, ! BE it known
that on this I'd day of August, 1887. person
presence signed the foregoing Articles OF
| incorporation. In witness whereof have
| hereto set my hard and notarial seal on the
| (~- day and year above written.